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Author Topic:   Why There Are Gold Bugs & Silver Stackers
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 2 of 64 (916883)
03-15-2024 3:14 PM
Reply to: Message 1 by Phat
03-15-2024 3:11 PM


How much was the inheritance?

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 1 by Phat, posted 03-15-2024 3:11 PM Phat has replied

Replies to this message:
 Message 6 by Phat, posted 03-15-2024 3:59 PM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 8 of 64 (916890)
03-15-2024 4:08 PM
Reply to: Message 4 by Phat
03-15-2024 3:53 PM


Re: Hard Ass(ets)
"They" tell us its running around 4.5%. I dispute that, though have no counter data except personal observation
So your "personal observation" is more valid than verifiable facts and data points?
My grocery budget is running at least 25% higher than a year ago.
Bullshit. Provide facts and figures. Anecdotes are not evidence. Comparing grocery bills year to year to come up with some sort of inflation rate is stupid. Peoples tasts change, they change diets. There are regional issues.
AS for the rest of the crap you spout. Look up deflation. YOu are wrong about gold. The same could be said about any other metal commodity. None of them are bedrocks.
You are the mark every scammer is looking for.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 4 by Phat, posted 03-15-2024 3:53 PM Phat has replied

Replies to this message:
 Message 14 by Percy, posted 03-15-2024 5:16 PM Theodoric has replied
 Message 22 by Phat, posted 03-16-2024 8:34 AM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


(2)
Message 10 of 64 (916892)
03-15-2024 4:25 PM
Reply to: Message 6 by Phat
03-15-2024 3:59 PM


If it is a central part of your argument than it is my business. You cannot make a claim and leave out a central part of the argument.
If you had invested in a DJIA index fund you would have over $300k
Gold about $220k
NASDAQ Index $540k
S&P 500 index $330k
So you were saying about gold? Also, it was never an actual iinvestment for you. It was just a place to park your money until your addictions forced you to access it. All of my investments have a purpose and most are not to be accessed until after my wife retires. Some are for large expenses down the road. We have a fund for car downpayments, garage expansion, travel. Things like that. If the funds are not there, we do not spend the money. Makes us prioritize needs over desires.
I calculated using the 2023 close with 2024 YTD figures.
Historical Investment Calculator [Rev.: 2024]

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 6 by Phat, posted 03-15-2024 3:59 PM Phat has not replied

Replies to this message:
 Message 11 by Taq, posted 03-15-2024 4:36 PM Theodoric has not replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


(1)
Message 18 of 64 (916901)
03-15-2024 9:44 PM
Reply to: Message 14 by Percy
03-15-2024 5:16 PM


Re: Hard Ass(ets)
mine is up about 12%. But my argument stands. Impossible to tell what is attributable to inflation.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 14 by Percy, posted 03-15-2024 5:16 PM Percy has not replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


(2)
Message 19 of 64 (916902)
03-15-2024 10:01 PM
Reply to: Message 17 by dwise1
03-15-2024 7:48 PM


I stopped working 20 years ago. I rolled my 401k over into an IRA and never touched it. I am surprised by its value. My wife has contributed to her 403b's for 20 years. As she had a high income she has a lot put away. We also have a set amount taken out of our checking account every month. She turns 55 in 8 years. We need to have enough for her to retire then. I don't want to be dead or old and decrepit when she retires.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 17 by dwise1, posted 03-15-2024 7:48 PM dwise1 has not replied

Replies to this message:
 Message 20 by Tanypteryx, posted 03-15-2024 10:19 PM Theodoric has not replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 21 of 64 (916904)
03-15-2024 10:32 PM
Reply to: Message 14 by Percy
03-15-2024 5:16 PM


Re: Hard Ass(ets)
Also we all know Phat has no actual facts and figures. He pulled the 25% figure out of his ass.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 14 by Percy, posted 03-15-2024 5:16 PM Percy has not replied

Replies to this message:
 Message 23 by Phat, posted 03-16-2024 8:50 AM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 24 of 64 (916916)
03-16-2024 1:03 PM
Reply to: Message 22 by Phat
03-16-2024 8:34 AM


Re: Hard Ass(ets)
This whole post does not address anything I stated. Modern monetary theory is irrelevant. This is just another strawman and gish gallop from you. If you want to discuss the actual subject fine. If you want to troll I am done

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 22 by Phat, posted 03-16-2024 8:34 AM Phat has replied

Replies to this message:
 Message 28 by Phat, posted 03-16-2024 3:59 PM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 25 of 64 (916917)
03-16-2024 1:04 PM
Reply to: Message 23 by Phat
03-16-2024 8:50 AM


Re: Hard Ass(ets)
Irrelevant. So you admit the 25% claim is bullshit.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 23 by Phat, posted 03-16-2024 8:50 AM Phat has replied

Replies to this message:
 Message 26 by Phat, posted 03-16-2024 3:37 PM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 27 of 64 (916923)
03-16-2024 3:40 PM
Reply to: Message 26 by Phat
03-16-2024 3:37 PM


Re: Hard Ass(ets)
Again. Irrelevant. I was calling Bullshit on your 25% claim.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 26 by Phat, posted 03-16-2024 3:37 PM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 29 of 64 (916925)
03-16-2024 4:09 PM
Reply to: Message 28 by Phat
03-16-2024 3:59 PM


Re: Hard Ass(ets)
Done feeding the troll. Just a Gish gallop with no responses to actual arguments made.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 28 by Phat, posted 03-16-2024 3:59 PM Phat has seen this message but not replied

Replies to this message:
 Message 30 by Percy, posted 03-17-2024 7:29 AM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 31 of 64 (916933)
03-17-2024 10:32 AM
Reply to: Message 30 by Percy
03-17-2024 7:29 AM


Re: Hard Ass(ets)
I think you are correct. I again have given him to much credit for his motivations and actions.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 30 by Percy, posted 03-17-2024 7:29 AM Percy has not replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 40 of 64 (917148)
03-23-2024 1:03 PM
Reply to: Message 38 by Phat
03-23-2024 10:40 AM


Re: Hard Ass(ets)
So do nothing about anything?

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 38 by Phat, posted 03-23-2024 10:40 AM Phat has replied

Replies to this message:
 Message 41 by Phat, posted 03-23-2024 3:21 PM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 42 of 64 (917150)
03-23-2024 5:53 PM
Reply to: Message 41 by Phat
03-23-2024 3:21 PM


Re: Hard Ass(ets)
Explain what this means. Sounds like more word salad. It also is vastly different from what I questioned.
Do you want no public debt?
What I am implying is that we cannot nor should not keep borrowing against the equity of our country. We need a sound fiscal balance sheet moving forward. We cannot pay the worlds bills

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 41 by Phat, posted 03-23-2024 3:21 PM Phat has replied

Replies to this message:
 Message 43 by Phat, posted 03-24-2024 3:48 PM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


(1)
Message 45 of 64 (917167)
03-24-2024 7:30 PM
Reply to: Message 43 by Phat
03-24-2024 3:48 PM


Re: Assets and Liabilities...Unfunded Obligations?
Not if the public is in debt to the rest of the world.
Who else is going to take our debt?
In fact, not even if the public is in debt to the US treasury.
What do you think this even means?
Would you sacrifice the safety of your retirement savings to help the masses?
It is not an either or proposition. Why do you think it is?

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 43 by Phat, posted 03-24-2024 3:48 PM Phat has replied

Replies to this message:
 Message 47 by Phat, posted 03-25-2024 2:32 AM Theodoric has replied

  
Theodoric
Member
Posts: 9341
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.4


Message 46 of 64 (917168)
03-24-2024 7:31 PM
Reply to: Message 44 by Phat
03-24-2024 3:50 PM


Re: Lock Stock and Barrel
That can be said every day in the existence of humanity. It means nothing.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up, why would you have to lie?


This message is a reply to:
 Message 44 by Phat, posted 03-24-2024 3:50 PM Phat has seen this message but not replied

  
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